Yes, you can upgrade your Capital One Venture Rewards Credit Card to a better offer as long as you've had the card for at least several months, and you will have the best odds if your credit score and income have gone up since you applied. To see if your Capital One Venture card qualifies for an upgrade, call customer service at the phone number on the back of your card. Capital One also periodically sends targeted upgrade offers to existing cardholders on their online account.

Capital One Venture Card Upgrade: What You Should Know

• Capital One does not state a specific amount of time the card account must be open before it's eligible for an upgrade, but it's a good idea to wait at least 6 months before requesting an upgrade.
• A history of on-time payments and low credit utilization increases your chances of getting an upgrade.
• Capital One only allows upgrades to cards within the same card family. For example, you cannot upgrade from Capital One Venture to a business card or co-branded card.
• If you upgrade to a Capital One card with an annual fee, the charge will appear on the new card's first monthly statement.
• If you're eligible for a refund on your Capital One Venture card's annual fee, Capital One will pro-rate the amount of your refund, based on how long it's been since the fee posted to your original account.
• You will not be eligible for any initial bonuses or introductory 0% APR offers associated with the new card, unless they're included as part of the upgrade offer.
• Capital One Venture card upgrades do not require a hard inquiry on your credit report, so there's no effect on your credit score.

A Capital One Venture card upgrade typically takes just a few minutes. If you are approved, you should receive your card within A from the approval date. Your card number won't change, but you will receive a new card with an updated expiration date and security code.

You can use your old card until the new one arrives, and it will have all the benefits of the new card as soon as the upgrade is complete. Your current credit limit and APR will carry over to the new card, as will any unredeemed rewards, unless stated differently in the upgrade terms.